Indonesia's Bank Amar banking on Investree's ecosystem to return to profit

Indonesia's Bank Amar banking on Investree's ecosystem to return to profit

Photo by Amar Bank

Indonesian lender Bank Amar is looking to swing back to profit next year on a 50% jump in disbursements, as it leverages Investree’s ecosystem to shore up its SME (small and medium enterprises) portfolio, a top executive told DealStreetAsia.

In an exclusive interaction with DealStreetAsia, Bank Amar’s executive vice president of finance David Wirawan said its lending portfolio is mostly, at around 80%, from the retail and micro SME segment (with a lending limit of 2 million rupiah to 20 million rupiah), while the rest is from SMEs and corporates (with a lending limit of 10 billion rupiah to 20 billion rupiah).

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter